戸田工業 significantly raised its full-year earnings forecast. Net profit for the cumulative second quarter turned profitable, and the full-year forecast was also substantially increased.
戸田工業 announced its earnings after the market close on 11 November, reporting consolidated net profit of ¥1.88 billion for the cumulative second quarter of the fiscal year ending March 2027 (April–September). This was an improvement from a ¥100 million loss in the same period of the previous year and exceeded the previous forecast of a ¥100 million profit.
At the same time, the company raised its full-year net profit forecast from the previous estimate of ¥500 million to ¥2.1 billion, a 4.2-fold upward revision. On this basis, the company estimates a ¥210 million profit for the October–March period.
Net profit for July–September was ¥1.62 billion, approximately 407 times higher than in the same period of the previous year. Revenue and the operating profit margin also improved year on year, while revenue approached the level announced at the start of the fiscal year.
Following this upward revision, the gap between the initial forecast and actual results is narrowing. The company has presented a new plan based on its first-half results and its outlook for the period thereafter. Investors will be watching the performance trend in the second half.